Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
US Dollar/ (FOREX:USDAWG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for USDAWG
The long term trend has been UP since Mar 12th, 2019 at 1.80125
The intermediate term trend has been UP since Mar 12th, 2019 at 1.80125
The short term trend has been UP since Apr 9th, 2019 at 1.80025
Smart Scan Analysis for USDAWG
Based on a pre-defined weighted trend formula for chart analysis, USDAWG scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).